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that may be hoarding cash to protect themselves in this uncertain environment but does that mean, likely, they're going to spend that cash or put it to work once we get a resolution of the fiscal cliff? >> it all depends on how it gets resolved. if obama gets his way, and we get big tax increases on small businesses, but also increased double taxation of dividends and capital gains, we'll have a less friendly economic environment for investment to car inside the united states. and that would mean an incentive for companies not to conduct business here. maybe to expand their branchs and their operations overseas. yes, there's the short-term uncertainty in the fiscal cliff that's hurting, but then i actually agree with michael. it's long-term fundamentals that matter. our government is just too much of a burden. >> steve, what's at stake here? >> i want to talk about two scientists from two different fields. one is pav lolov. a dog would salivate when you put food in hem. ed prescott took that idea and said, you know what, when companies spend, they spend after and during recessions when t
the atmosphere that we are facing and the environment that we are going to face in january? >> first thing i would remind them is to expect the up expected. a couple of years ago, we were all stunned when president obama signed into law the tax relief act that extended bush tax cuts and increased transfer tax exemptions to historic levels. we are now looking at something very different and we need to prepare for taxes rising, but also, take advantage of certain opportunities today. as you say, we have got about six weeks left to get it done. >> let talk about some of those advantages, because it's such a scary story really. >> yes. >> if you've had a decent year in the market and you have some gapes, a lot of people are talking about apple, for instance, there's some thought that maybe if you have a pretty decent gape in apple, do you take those profits this year? do you accelerate your income at this point? >> well, think about what's happening to capital gapes tax rates. we are at 15% today, slated to go up to 20% in january, plus you have the specter of the new medicare tax, which now we
such as protection of the environment as well as narrowing the gap between rich and poor. but as i said, these are very carefully worded. especially this year. no one wants to say something that is too aggressive or too reformist. because of course there is a pretty powerful group that are against pro market reforms. there are some that benefit, some leaders especially that benefit from the status quo like the officials of state owned enterprises which enjoy some advantages in the form of easier access to loan and less competition. >> if i could ask whether it really matters if the way that we read the tea leaves if it's the reformers or the conservatives here who have more influence in terms of this transition. what he he's the latest view one impact it will have? >> tons of speculation ahead of the roll out on thursday. it's likely going to be a mix of both some reformerses and some conservatives, but you're right in the sense it may not matter in the short term, but long term it will have an impact because some analysts say that the hu jintao administration on the way out did not do
process and with this going on, we will have very difficult environment for investment and growth for the euro area to go ahead. so without clarity where the euro area goes, the environment will be quite difficult. p. >> okay. thanks very much for that. now, he mentioned weakness in europe. that's extending to the u.s. we are seeing futures trying to rebond here, but again, we saw levels of decline in the range of 1.3 to 1.5 yesterday for the major bourses. this morning we're really only getting about 25 points in rebound for the dow jones industrial average. which is thousand sitting at 12,559. the nasdaq and s&p are also showing a little about the of a r rebit of a rebound, but not huge moves. investors digest the growth tigs or lack thereof. spain is trying to move to the up side adding almost 0.3%, so a little better than last time we checked in. the other three down. as we're learning about the slowing of the german economy and the ftse 100, shedding 0.4%, below the 5700 mark. now, we are seeing in the uk a little better, but broadly speaking a mixed picture. we started off s
tax environment is the reality in the future is just a matter of what is the order of magnitude, is it rates versus limiting deductions and things like that. whatever you call it, higher deductions are coming. taxes on dividends, capital gains and a look at where the s&p was trading, up 15% or so. people will start to vacate the equity markets and take profits this year while the taxes are lower. it has caused some technical damage. the negative move in equity has driven bonds higher in price. we are kind of responsive to them, in that regard, but we are also responsive to the fact that businesses are finding it very hard to mike forward plans. connell: you also procure up into the mix, the dynamic that is been there for a long time with so we are the best of the worst where the money comes to the united states because other parts of the world is struggling >> absolutely. the aid package did not get passed through. it was supposed to go through the end of the month. they have to issue some bills today. we still have until the end of the month with greece. connell: this so-called
: well, me... me personally, i say, "get your education." >> kleinfeld: the environment is changing all the time. and if you don't stay on top of things, you know, somebody will eat your lunch. >> pitts: despite its efforts to retrain and recruit, alcoa has 27 job openings at its michigan plant alone. who do you blame for the skills gap in this country? >> kleinfeld: i don't blame anybody for that. >> pitts: who bears responsibility for you? >> kleinfeld: i think it's more an educational aspect. it's... i think it's a sensitivity to understand what makes a country and a business competitive. >> pitts: i would imagine if you had a parts gap, you'd close it right away, right? >> kleinfeld: if we had a parts gap, we'd try to close it right away, yes. >> pitts: then why can't that occur with the skills gap? >> kleinfeld: don't get from this that we're sitting together here because our... because alcoa is complaining that we can't fill the skills gap. that is absolutely not my message. we can absolutely fill that, absolutely. i mean, the... for alcoa, we can do it. we are doing it. and many
. that is a real scoop in an environment where there are no deals, david brought us a very good scoop. >> that's why you haven't participated in any of this. there are no other deals. this was the only one. >> not many needles in the hay stack. >> david found the only one. thank you for bringing it here, david. boyd jeffries name. >> what was it exposure in europe? >> egan had all sorts of rhymes and reasons for that company falling apart. >> we'll talk about shipping right now, from i-phones to apparel, cnbc's senior talent producer, lori ann larocco, our staff, incredible producer and her book "dynasties of the sea," and lori ann, reading through this, we know how important shipping is, we talk about it every day but there were things i didn't realize how much of the things in our homes are brought to us from ships. >> 92% of everything in a household has been on a ship and ever since superstorm sandy we've all realized how important shipping is as we're all going through this gasoline crisis. it's really amazing in terms of the wide breadth that the shipping industry has on the economy. >>
the environment is bad for the environment, beavers form wetlands other species could move into. he's important. >> what else does he eat besides bananas? >> vegetation and he likes to eat tree bark. he has teeth on them that are so much enamel that are bright orange. these guys chop down trees and build dams with them. >> you don't want to get in front of an angry beaver. >> bring out the owl. >> let me put the baby alligator away. the last animal is another species that would have been -- >> what are they called? >> barn owl. these are a species native to europe. european colonists would have been used to seeing these guys. these animals can find prey in pitch darkness. >> you're kidding. >> tests have been done on these species, they've removed every iota of light. they are called barn owls, because they are one of the few species that can live in human structures and benefit from our building. >> is that okay on your hand, looks like he's breaking skin. >> this is the first time you haven't been pooped on or bleeding. the turkey did enough for everybody. thank you so much, dave. >> thank yo
environment and economic factors are making things somewhat difficult for our customers and that's why we're getting to those numbers. the stock had come in and it's going to again today. >> a lot of investors are thinking that this gigantic move and pull back appropriately to some average and was ready to blast off. look, you've got target nipping, you've got dollar tree reporting good numbers today. walmart had a great move. and now its great move i think has run its course. >> an amazing chart, if you go back to walmart stocks, the dip in the stock, it was the bryberry bottom for this quarter. i don't know if we're setting up for something better than anticipation but the head of u.s. walmart said november sales started ahead of plans. and they have got some extra sales thanks to lay away which has been a very popular program for retailers of late. >> we used to get monthly comps from all these retailers. >> those were the old days. >> i think the problem with wam mart, frankly is, the stock was acting as if it was going to put target numbers up. pets smart reported the best numbers of
cancer when it is stage one and , that has a lotcommo of economics. this is a different environment, and we should not let the republicans say, we can just hide this. i do not want to hear how you hide your views. i want to hear how you change your views. >> when you see the message on how to integrate these ideas that they are part of the issues s?at affect your live specimen >> when we were targeting battleground states, these women were reacting to what voters were reacting to. when we are talking about getting more and women into the pipeline, i want to go back to the big story of this campaign and recruiting and getting more women involved and waking up that independent voter, who is becoming more conscious of these issues but also thinking about running and which party they might align with the reagan -- they might align with. one thing we talked about is the amount of money spent on these campaigns that paralyzes the candidates, because they look at it like, how can i even take that on? part of these independent female voters. >> turning out women, i think this was not just a
Search Results 0 to 11 of about 12 (some duplicates have been removed)